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Crypto News Today: Sui Deploys Radio Wave Banking, While Mpeppe Cross into Stage 4 Presale Raising $1.8M

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The crypto world is buzzing with exciting developments, and two notable projects have taken center stage in recent days: Sui (SUI) and Mpeppe (MPEPE). While Sui is making waves (quite literally) with its revolutionary radio wave banking technology, Mpeppe, the fast-growing casino meme coin, has successfully crossed into Stage 4 of its presale, raising an impressive $1.8 million. These two developments are reshaping the way investors view the future of both decentralized finance and meme coins.

Mpeppe (MPEPE) Crosses into Stage 4 of Fastest Growing Presale

While Sui is making strides in the world of offline transactions, Mpeppe (MPEPE) is continuing its meteoric rise in the meme coin space. The casino-themed cryptocurrency has captivated the attention of the crypto community, and it recently crossed into Stage 4 of its presale. Having raised $1.8 million so far, Mpeppe is solidifying itself as one of the most promising meme coins of 2024.

What makes Mpeppe unique is its combination of meme culture and real-world utility. As a casino meme coin, it offers a playful take on the cryptocurrency market while also providing users with access to decentralized gambling platforms and DeFi services. The coin’s viral marketing has helped it gain significant traction, and with each stage of the presale selling out rapidly, the demand for Mpeppe shows no signs of slowing down.

Currently priced at $0.0021, Mpeppe’s presale has already sold 66% of its tokens in Stage 4, leaving a limited window for investors to get in before the price increases. With its impressive fundraising and growing community support, Mpeppe is quickly becoming a favorite among both retail and institutional investors who are looking for the next big thing in crypto.

Sui Deploys Radio Wave Banking Technology

Sui (SUI), a blockchain project known for its innovation, is pushing the boundaries of cryptocurrency by introducing offline crypto transactions. This cutting-edge technology allows for secure financial transactions over radio waves, even in areas with limited or no internet access. The potential impact of this technology is huge, especially for underbanked regions of the world where internet connectivity is unreliable.

With Sui’s radio wave banking, users in remote locations can conduct crypto transactions via electromagnetic waves using mobile networks. This is a game-changer for millions of people who lack access to traditional banking services, enabling them to join the global financial system without the need for constant internet access.

Despite these breakthroughs, Sui’s native token (SUI) has faced its share of challenges in the market. The token has dropped 65% since its debut, and while there is optimism around Sui’s long-term goals, investors are looking for alternatives like Mpeppe to diversify their portfolios and seek short-term gains.

Why Mpeppe Is Gaining Traction

Mpeppe’s success can be attributed to several factors. First, its casino theme resonates with a broad audience, appealing to both meme enthusiasts and crypto investors who see the potential for high returns. The combination of humor and decentralized finance has proven to be a winning formula in the crypto world, as seen with other meme coins in the past.

Second, Mpeppe’s team has been highly effective in building a strong community around the coin. Social media buzz, engagement on platforms like Telegram, and viral marketing campaigns have all contributed to the coin’s rapid growth. This community-driven approach is crucial in the world of meme coins, where hype and enthusiasm play a major role in driving demand.

Finally, the presale structure has created a sense of urgency among investors. With each stage selling out quickly, those who miss out on early stages are eager to jump in before the price rises further. This FOMO (Fear of Missing Out) effect has been a key driver of Mpeppe’s success, and with Stage 4 already 66% sold, it’s clear that the demand for Mpeppe is not waning.

Mpeppe and Sui: Challenging Status-quo

As Mpeppe’s (MPEPE) presale continues to attract investors, and Sui pushes the boundaries of what is possible with offline crypto transactions, both projects are poised to make a significant impact in their respective fields. For investors, the question is whether to bet on the long-term potential of Sui’s groundbreaking technology or ride the wave of Mpeppe’s explosive growth.

While Sui’s radio wave banking has the potential to revolutionize financial access for millions of people, it will take time for the technology to be fully implemented and adopted. In contrast, Mpeppe offers immediate opportunities for gains as it continues to rise through its presale stages.

Both projects represent exciting developments in the crypto world, and whether you’re a tech enthusiast drawn to Sui’s innovative approach or a meme coin lover looking to capitalize on Mpeppe’s viral success, there’s no denying that these two projects are worth keeping an eye on.

For more information on the Mpeppe (MPEPPE) Presale: 

Visit Mpeppe (MPEPPE)

Join and become a community member: 

https://t.me/mpeppecoin

https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ

 



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VTHO Price Rockets 300% As Binance Reveals Support For VeThor Token

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VTHO price has skyrocketed 300% after Binance announced its support for VeThor Token. Simultaneously, the token’s trading volume also surged by an astonishing 86,000%, reaching $3 billion. This massive rally reflects the strong influence of the top crypto exchanges in the market and how the listing or any other positive developments impact the sentiments.

Notably, VTHO token is used as gas within the VeChainThor ecosystem, further driving the market’s enthusiasm.

VTHO Price Surge After Binance Announces Listing of Perpetual Contract

On January 22, Binance listing announcement showed that the exchange plans to list VTHOUSDT perpetual contract on its futures platform, offering a maximum leverage of 75x. This new trading option has caught the attention of traders, contributing to a massive spike in VTHO’s trading volume.

Meanwhile, VTHO is the secondary token in the VeChainThor ecosystem, primarily used as the gas for transactions within the network. This listing expands Binance’s support for the VeChainThor blockchain, enabling users to trade VTHO with increased leverage. The contract’s capped funding rate is set at +2.00% / -2.00%, with funding fees settled every four hours, giving traders more flexibility.

Notably, the 75x leverage allows traders to maximize their exposure to VTHO price movements, further intensifying the market’s focus on the VeThor Token. The move by the top crypto exchange to offer such high leverage and favorable funding rates is a clear indication of its confidence in VTHO’s potential.

Binance’s Multi-Assets Mode and Trading Rules

Binance’s Multi-Assets Mode allows users to trade the VeThor token perpetual contract across multiple margin assets. This feature enables traders to use other cryptocurrencies, such as BTC, as collateral when trading VTHO contracts.

Multi-Assets Mode supports greater flexibility, giving users the ability to diversify their margin options for more efficient trading strategies. Recently, Binance expanded support for TRUMP and several other tokens, fueling optimism about future price movements.

The rules for Multi-Assets Mode include applicable haircuts on collateral, ensuring the safety of user assets. It is particularly useful for those who hold large amounts of various cryptocurrencies and wish to leverage them for high-leverage trading opportunities.

VeChain and VTHO Price Surge

VeChain (VET), the blockchain powering VTHO, has experienced notable growth, rising by 11% in the past 24 hours. VET price now trades at $0.05, and its market cap has reached $4.06 billion. This rise is attributed to VeChain’s increasing adoption and its partnerships with major corporations, including Walmart China and BMW.

VTHO price today jumped 320% and exchanged hands at $0.0087, indicating a growing interest in the VeChainThor ecosystem. With a market cap of $744 million, VTHO has seen an 86,000% increase in trading volume, reaching $3.11 billion. As the blockchain industry continues to innovate, VeChain’s supply chain solutions and VTHO’s integral role are poised for continued success.

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Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Shiba Inu Burn Rate Spikes 600% Indicating SHIB Breakout Ahead

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In what comes as a bullish market event, the Shiba Inu burn rate skyrocketed 600% on Wednesday, sparking immense optimism among traders amid a broader sector recovery. Recent burn data indicated that over 3 million tokens were taken out of the meme coin’s circulating supply. As an upshot, crypto enthusiasts expect a massive SHIB breakout ahead, driven by supply reduction and the community’s recent advancements.

Shiba Inu Burn Rate Blows Over 600% Echoing Bullish Market Sentiments

According to the latest data by Shibburn, the Shiba Inu burn rate shot up nearly 613% on January 22, dealing a massive blow to the circulating supply. Per the data, the massive burn rate surge came against the backdrop of 3.24 million tokens sent to a null address, thus permanently removing them from the supply.

Shiba Inu Burn Rate Shiba Inu Burn Rate

For context, the SHIB burn mechanism is designed to reduce the crypto’s market supply, which many believe to be the reason behind the dog-themed meme coin’s broader sluggish performance. Thereby, with the abovementioned burn rate surge weighing in, traders and investors anticipate price gains for the crypto asset in light of the law of supply and demand.

Community Developments Add To Market Optimism

Further, a stockpile of ecosystem developments in recent days appears to have additionally bolstered the market sentiment for Shiba Inu amid its burn rate surge. CoinGape reported that SHIB lead developer Shytoshi Kusama stated a “big week” lies ahead for the meme token. This statement has sparked market-wide speculations of a looming advancement for the coin’s community.

Moreover, with American billionaire and investor Mark Cuban lauding SHIB’s potential recently, market watchers are extensively eyeing the crypto with bullish long-term views. Particularly in light of the community’s long-term goals and support, Cuban finds the meme coin to be one of the few promising projects in the sector. Overall, the Shiba Inu burn rate surge and these developments have solidified investors’ sentiments of a looming breakout, further driven by the recent pro-crypto Donald Trump frenzy.

What’s Next For SHIB?

At the time of reporting, SHIB price witnessed a 4% uptick in value, reaching $0.00002054. The coin’s 24-hour low and high were $0.00001983 and $0.00002127, respectively.

Notably, the coin rises alongside the intraday Shiba Inu burn rate surge and positive market sentiments building against the backdrop of Trump’s win and meme coin sector recovery. After a waning action yesterday, DOGE, PEPE, and TRUMP, among other meme coins, witnessed a remarkable upswing.

In light of this recovery-like trend, crypto enthusiast ‘VipRoseTr’ revealed on X that a $0.00004029 price target is ahead for the asset. Also, a recent Shiba Inu price analysis by CoinGape further cements the chances of a breakout approaching, as the coin showcases the potential to gain 100x this year.

Shiba Inu burn rate SHIB priceShiba Inu burn rate SHIB price
Source: Rose Premium Signals, X

This bullish prediction comes riding the back of strong market technicals and price patterns, flagging that a potential run to $0.00003340, followed by the March 4 high of $0.0000455, is possible. However, the $0.00001565 support remains extensively eyed by market watchers, given the crypto realm’s dynamic nature.

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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World Liberty Financial On Tron Buying Spree, 100% TRX Price Rally Ahead?

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Donald Trump’s DeFi project World Liberty Financial is on a Tron buying spree after loading up on Ethereum earlier this week. In the last few hours, the project spent a total of $2.65 million USDT stablecoin to load up its TRX holdings. As a result, the TRX price is seeing a strong 5.76% surge amid fresh buying interest for the altcoin.

World Liberty Financial Accumulates Tron (TRX)

World Liberty Financial, the Donald Trump-owned DeFi project, has been aggressively expanding its crypto holdings with fresh Tron purchases. Data from Arkham Intelligence shows that the project has recently spent 2.65M USDT to acquire 10.81M TRX.

Following the current acquisition, the DeFi project holds a total of 30.11M $TRX, valued at $7.38M. The latest purchase by the DeFi project comes following massive Ethereum purchases earlier this week.

Source: Arkham Intelligence

Additionally, on-chain data shows that World Liberty swapped 5,252 ETH, worth 17.43M, for stETH, and later staked it with Lido Finance. Over the past three days, the fund has invested a total of $168.4M in six tokens.

This includes $99.95M in Ethereum, $47M of WBTC, $7.35M in Tron (TRX), and another $4.7M each in AAVE, ENA, and LINK. Interestingly, World Liberty Financial has increased its positions in every token except ONDO, reported Spot on Chain.

World Liberty Financial on Tron Buying Spree, 100% TRX Price Rally Ahead?World Liberty Financial on Tron Buying Spree, 100% TRX Price Rally Ahead?
Source: Spot On Chain

Justin Sun Celebrates the Development

Tron founder Justin Sun celebrated this development while making big investment promises moving ahead. In his message on the X platform, Sun noted:

“Bought again! TRON has now become the 3rd largest asset held by World Liberty Financial, the president’s crypto project, with a current holding of $7.3 million TRX”.

Furthermore, Sun made big investment promises while commenting on Eric Trump’s post. Earlier today, Eric Trump noted that there’s no better time to invest in the United States and invest across sectors like technology, innovation, and crypto. Responding to this Sun said:

“Fully agreed! We have an outstanding plan that will bring over $200 billion worth of business to the United States. This will be massive and meaningful!”

Tron founder Justin Sun is himself one of the early investors in World Liberty Financial. Earlier this week, he expanded his investments into the DeFi project by acquiring WLFI tokens and taking total investments to $75 million.

TRX Price to Rally 100% From Here?

As of press time, the Tron price is trading 5.7% up at $0.251. As per the Coinglass data, the Tron futures open interest is up 14% to $258 million hinting bullish sentiment among traders.

The TRX price has been trading within a broad descending channel for the past several weeks, following a sharp rally to $0.45 in December. This price action has resulted in several swing highs and lows, indicating a battle between buyers and sellers.

On the RSI, there is a hint of a potential bullish divergence. A falling wedge pattern is emerging, suggesting a possible upside breakout. Additionally, Fibonacci retracement levels point to a potential move toward $0.30 at the 0.50 RSI level and $0.33 at the 0.382 RSI level. In his recent analysis, crypto analyst AMCrypto stated that the TRX price could reach as high as $0.50 by the end of Q1.

Source: TradingView

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Bhushan Akolkar

Bhushan is a FinTech enthusiast with a keen understanding of financial markets. His interest in economics and finance has led him to focus on emerging Blockchain technology and cryptocurrency markets. He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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